Boxlight Corp reports results for the quarter ended in June - Earnings Summary

Boxlight

09/08/2023 22:42

* Boxlight Corp  BOXL.OQ  reported a quarterly adjusted loss
of 12
cents​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for a loss
of 19 cents per share.
    * Revenue fell 21.1% to $47.05 million from a year ago;
analysts
expected $50.04 million. 
    * Boxlight Corp's reported EPS for the quarter was a loss
of 12
cents​.
    * The mean earnings estimate of analysts had fallen by
about 333.3% in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Boxlight Corp shares had risen by 2.3% this quarter and
lost 8.7% so far this year.
    * The company reported a quarterly loss of $1.13 million.
    * Wall Street's median 12-month price target for Boxlight
Corp is
$14.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 9 at 09:42 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.19          -0.12          Beat
 Mar. 31 2023      -0.37          -0.32          Beat
 Dec. 31 2022      -0.44          -0.32          Beat
 Sep. 30 2022      0.13           0.24           Beat